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Former President Trump on Tuesday evening is slated to deliver remarks from his Florida home after his arraignment in New York City on charges of falsifying business records in connection with concealing hush money payments. Trump pleaded not guilty to 34 felony charges and is the first former president to be arraigned on criminal charges….
Former President Donald Trump is expected to travel to New York on Monday ahead of his scheduled arraignment on Tuesday on still unknown charges, a source familiar with the planning confirmed. Trump is expected to turn himself in Tuesday morning ahead of the arraignment, which a court spokesperson indicated would be at 2:15 p.m. eastern…
Treasury Secretary Janet Yellen said Thursday that the capacity of the U.S. government to respond to and prop up failing financial markets was “decimated” by cutbacks enacted during the Trump administration. Her remarks come in the wake of state interventions to save depositors at failed banks Signature and Silicon Valley Bank (SVB), which catered to…
There are still industry executives that remain hopeful the United States will develop laws to treat crypto fairly, however, an advisory to the Crypto Council for Innovation warns it will take “a lot of work.” Speaking to Cointelegraph on March 29 at the World of Web3 (WOW) Summit in Hong Kong, Crypto Council for Innovation…
Sen. Rand Paul (R-Ken.) blocked a move Wednesday by Sen. Josh Hawley (R-Mo.) to pass his bill that would ban the embattled social media platform TikTok in the U.S., saying the legislation violated First Amendment rights. “The company has bent over backwards to work with our government,” Paul said on the Senate floor. “I will…
United States authorities are reportedly deliberating on “expanding” an emergency credit line for banks, which may provide First Republic Bank a time buffer to address balance sheet concerns, according to people familiar with the situation. In a March 26 Bloomberg report citing unnamed sources, it was reported that U.S. officials are ruminating on what support,…
Four key takeaways as lawmakers grill TikTok CEO Lawmakers from both political parties joined forces on Thursday during a committee hearing where TikTok CEO Shou Zi Chew testified on ways his company plans to address recent security concerns raised about the social media app. Criticisms surrounding TikTok were notably bipartisan as House Energy and Commerce Committee members…